Company

Alexandria Real Estate Equities, Inc.

Headquarters: Pasadena, CA, United States

Founded: October 1994

Employees: 559

CEO: Mr. Peter M. Moglia

NYSE: ARE +2.49%

Market Cap

$21.84 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Alexandria Real Estate Equities, more simply known as Alexandria, is a real estate investment trust focusing on offices and laboratories for the tech and life science industries. It owns and operates more than 290 properties primarily in the areas of Greater Boston, San Francisco, and San Diego. Alexandria has developed a venture capital firm investing in life science companies.

Alexandria Real Estate Equities, Inc. market capitalization over time

Evolution of Alexandria Real Estate Equities, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Alexandria Real Estate Equities, Inc.

Detailed Description

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF"). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, technology, and agtech campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, technology, and agtech companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

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Stocks & Indices

Alexandria Real Estate Equities, Inc. has the following listings and related stock indices.


Stock: NYSE: ARE wb_incandescent

Stock: Bovespa: A1RE34 wb_incandescent

Stock: FSX: A6W wb_incandescent

Key People

Founder(s): Joel S. Marcus Jerry M. Sudarsky

Joel S. Marcus, Chairman Dean A. Shigenaga, CFO

Financials

Revenue: $1.885 billion (2020)

Net income: $760 million (2020)


Total assets: $22.827 billion (2020)

Total equity: $13.432 billion (2020)

Details

Headquarters:

26 North Euclid Avenue

Pasadena, CA 91101

United States

Phone: 626-578-0777

Fax: 626-578-0896